The
Companies Bill, 2012, as passed by Lok Sabha, inter-alia, incorporates
provisions (Clause 203) regarding appointment of ‘Key Managerial Personnel’
(KMP) which provides that every Company, belonging to such class or classes of
company as may be prescribed, shall have a Company Secretary as whole-time key
managerial personnel. Giving this information in written reply to a question in
the Lok Sabha today Shri Sachin Pilot, Minister of Corporate Affairs, said that
as per information provided by the Institute of Company Secretaries of India
(ICSI), there are 28,719 members on the roll of Institute of Company
Secretaries of India (ICSI). Further, 48,697 persons are pursuing the professional
programme as on 31.03.2013. This number is likely to meet the current and emerging
demands of the Corporate Sector.
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